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3 years ago

Frequently, you’ll hear people say that “retirement age” is 65. What are they referring to?

2 answers:

6 0

Frequently, you’ll hear people say that “retirement age” is 65. What are they referring to? People who say this are referring to the age in which you can receive your full Social Security retirement benefits. At different ages starting at age 62, you are eligible to receive a percentage of the benefits, once you hit 65, you can receive your full percentage/allotted amount.

kolbaska11 [484]3 years ago

5 0

Retirement age is 65, means in the Government Firms, the age limit to work for them is 65. After this age, employees will stay at home and enjoy their retired life. Employees' social security benefits will begin, pension, medical etc are given to them while staying at home.

Retirement age is different in different countries. Some countries have a retirement age of 65, some have 62 and some have 60.

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Maxim manufactures a hamster food product called Green Health. Maxim currently has 15,500 bags of Green Health on hand. The vari

zaharov [31]

Answer:

b. $13,200.

Explanation:

Revenue from the sale of Green Health bags = Number of bags * Selling price

Revenue from the sale of Green Health bags = 15,500 bags * $10

Revenue from the sale of Green Health bags = $155,000

Revenue from Premium Green = Number of bags * Selling price

Revenue from Premium Green = 15,500 bags * $9

Revenue from Premium Green = $139,500

Revenue from Green Deluxe = Number of bags * Selling price

Revenue from Green Deluxe = 4,100 bags * $7

Revenue from Green Deluxe = $28,700

Incremental revenue = Revenue from Premium Green + Revenue from Green Deluxe - Revenue from Green Health\

Incremental revenue = $139,500 + $28,700 - $155,000

Incremental revenue = $13,200

So, the incremental revenue of processing Green Health further into Premium Green and Green Deluxe would be $13,200.

6 0

3 years ago

Carol Bates, a young, dynamic, and affluent banker, likes to shop online and try out new products. She likes to keep herself upd

Wittaler [7]

<h2>"Innovative" traits best describes Carol</h2>

Explanation:

Based on the given statement, Carol Bates is very much interested in grabbing the latest gadgets. It means that,

Carol is updated
Adaptable to change

Have exploring capability to upgrade
A technology savvy
Monitors market and has good knowledge on current trends
Self-motivated to be on track
Has creative skills to use the latest gadgets

All the above qualities describes that Carol Bates is innovative.

4 0

3 years ago

Ed has a summer beach cottage that he has owned for many years. the cottage is valued at $ 75 comma 000. this year, ed spends

mezya [45]

is this all of the equation?

3 0

3 years ago

Harry Corporation's common stock currently sells for $180 per share. Harry just paid a dividend of $10.18 and dividends are expe

Anastasy [175]

Answer:

$190.64

Explanation:

Data provided in the question:

Current selling price of shares = $180 per share

Dividend paid = $10.18

Expected growth rate, g = 6% = 0.06

Required rate of return, r = 12% = 0.12

Now,

The dividend for the following year to the next year, D1 = $10.18 × (1 + g)ⁿ

here, n = 2 ( i.e the duration of next year and the following year )

thus,

D1 = $10.18 × (1 + 0.06)²

D1 = $11.438

Therefore,

Price of stock one year from now = $\frac{\textup{D1}}{\textup{(r-g)}}$

= $\frac{\textup{11.438}}{\textup{0.12-0.06}}$

= 190.637 ≈ $190.64

7 0

3 years ago

If an organization is committed to ethical business conduct that commitment should remain constant

Volgvan

Yes, the above statement is true. <span>If an organization is committed to ethical business conduct that commitment should remain constant. Although several firms and many employees remain constant in their ethical commitment and values, variances can happen.</span>

8 0

3 years ago